ATM

The ATM at Age 50 Puts the Spotlight on the Future Role of Cash

The ATM at Age 50 Puts the Spotlight on the Future Role of Cash

The ATM made its U.S. debut 50 years ago, and a half-century later the future of cash and cash-dependent industries like ATMs is the subject of intense debate in industry forums and at city halls and state capitols. Chemical Bank, now part of JPMorgan Chase & Co., installed the first U.S.

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With Many ATMs Shutting Down in the Country, These 3 Fintech Platforms Are Helping Customers With Cash Withdrawals

With Many ATMs Shutting Down in the Country, These 3 Fintech Platforms Are Helping Customers With Cash Withdrawals

Finding an automated teller machine (ATM) in India is getting tougher day by day as the number of ATMs in the country has gone down in the past few years even when the dependence on cash persists and cash amounts to 80 percent of all transactions.

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ATM Booths Put on Alert

ATM Booths Put on Alert

Banks have alerted officials and guards as regards foreign nationals and people with suspicious behaviour using ATM (automated teller machines) booths after the recent fraud in a Dutch-Bangla Bank ATM booth by six foreigners. After this incident of Dutch-Bangla Bank ATM booth, we have warned our ATM booths.

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Shopper Alert: ATM Fees Are Making a Comeback

Shopper Alert: ATM Fees Are Making a Comeback

Attention penny-pinchers: From January 1, NAB will reintroduce ATM fees at over 3000 machines. The decision comes despite a full-year profit of 5.55 billion. Here are the details. NAB customers may be in for a nasty shock tomorrow when they attempt to withdraw money from select ATMs.

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Six New Cryptocurrency ATM Machines Installed Every Day in 2018

Six New Cryptocurrency ATM Machines Installed Every Day in 2018

Although it has been a sketchy year for crypto in terms of price fluctuations, the number of cryptocurrency ATM machines in the world has doubled in 2018 to over 4,000. Crypto prices might be up and down quicker than a manic depressive, but wider adoption gets closer and closer.

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India ATM Closures Boost Demonetization Efforts

India ATM Closures Boost Demonetization Efforts

In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid. The move came as a surprise, and left no small amount of chaos – with bank runs and big losses for merchants – in its wake.

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Half of Indian ATMs Could Close in Early 2019 | PYMNTS.com

Half of Indian ATMs Could Close in Early 2019 | PYMNTS.com

ATM machine companies in India are warning that they will have to shutter as many as half of India’s cash machines because of new regulations, reported the Financial Times.

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Australian Banks Preparing for Major ATM Fleet Cull

Australian Banks Preparing for Major ATM Fleet Cull

Thousands of bank-branded automatic teller machines that line the halls of shopping malls, service stations and main street branches are poised to be scrapped as Australia’s major retail institutions prepare to outsource cash distribution, most likely to a new collective utility player.

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